US private equity firm looks to IPO infrastructure trust on London Stock Exchange

Target issue of 300 million shares

Valeria Martinez
clock • 2 min read

Astatine Investment Partners, a US-based private equity firm, has announced plans to list a new investment trust, AT85 Global Mid-Market Infrastructure Income plc, on the main market of the London Stock Exchange.

The trust, managed by the firm's advisory arm Astatine Advisors, will invest in mid-cap, core-plus infrastructure assets in three key sectors; transport and logistics infrastructure, utility-related infrastructure and digital infrastructure.  The group have set a target issue of 300 million shares at £0.01 each in the capital of the company at 100p per ordinary share. The trust has access to an initial portfolio of assets of £98.5m and a total pipeline of £539.8m.  Sustainable Farmland Trust plans £200m London IPO The portfolio of investments will primarily be located in the US, Ca...

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